===== PPro8 Imbalance Locator =====

Use the PPro8 Imbalance Locator to see imbalance shares during a market’s opening and closing auctions. 

**Note**: Please note that this tool is **not** available in TMS.

====Open the Imbalance Locator====

1. On the PPro8 toolbar, click **ImbalanceLocator**.

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2. The **Imbalance Locator** appears.

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====Imbalance Locator columns====

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  * **Symbol:** the symbol name
  * **Size:** the size of the imbalance shares
  * **Side:** the side of the imbalance shares, B (Buy), S (Sell), or N (Neutral)
  * **Auction Price:** the price for the auction
  * **Continuous Price:** the price for continuous trading
  * **Continuous Price * Size:** the price for continuous trading multiplied by share size
  * **Far Indicative Closing Price:** The calculated closing price that will maximize the number of shares matched based on closing interest only (MOC, LOC). This calculation excludes continuous market orders
  * **Market Order Side:** Side (buy or sell) of the Market Order Imbalance Volume
  * **Market Order Volume:** Indicates the share Imbalance when considering MOC orders only. Note this will not change from Freeze period as MOC orders are not allowed after this time
  * **Market Time:** the time at the market
  * **Near Indicative Closing Price:** The calculated closing price that will maximize the number of shares matched based on on-close orders (MOC, LOC) and visible continuous market orders. Effectively, this is the price at which the closing print would occur at the time of publication
  * **Pair Volume:** the number of shares pre-matched for the auction
  * **Price:** the price of the imbalance shares
  * **Price Variation:** This field indicates the absolute value of the percentage of deviation of the Near Indicative Closing Price from the Reference Price. This will alert traders of symbols that may close outside of the volatility parameters and encourage offsetting liquidity.
  * **Source:** the source of the imbalance share data
  * **Status:** the status of the symbol
  * **Type:** the type of auction: M //or// O (Market Open), H (Halted), or C (Market Close)

**Please Note**: The Far Indicative Closing Price, Market Order Volume, Price Variation, and Market Order Side are exclusive to the TMX market.


=====Imbalance Locator Customization=====

To make changes to the Imbalance Locator settings, right-click in the **Imbalance Locator** to open the **Imbalance Locator Customizatio**n. This window displays six main tabs on the left: Markets, Filters, Columns, Colors, Font, and GroupLink.

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====Markets====

Use the Markets window to filter imbalance shares by market.

1. In the Markets tab, select or deselect a market for which you would like to view imbalance data for. 

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2. Click **Apply** then **OK**.

3. The filtered imbalance data appear. 

====Filters====

Use the Filters window to filter imbalance shares by market or symbol list.

1. In the Markets tab, select the market that symbols in your symbol list belong to. 

2. Next, from the Filters tab, select the symbol list you would like to apply. 

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3. Click **Apply** then **OK**.

4. The filtered imbalance data appear. 

===Filter and toggle imbalance shares===

1. In the **Filters** window, select or clear the check box for each market or symbol list you want to display or hide imbalance data for.

2. Click **Toggle Selection** to switch between selections, i.e., select previously cleared check boxes and clear previously selected check boxes.

3. Click **OK**.

4. The filtered imbalance data appear.

====Columns====

Use the Columns window to manage columns that appear in the Imbalance Locator.

  * Click the **Columns** tab to open the **Columns** window.

==Show a column in the Imbalance Locator==

1. In the **Columns** window, click an item in the **Unselected Items** list.

2. Click the right arrow to move the item to the **Selected Items** list.

3. Click **OK**.

4. The column appears in the **Imbalance Locator** window.

==Hide a column in the Imbalance Locator==

1. In the **Columns** window, click an item in the **Selected Items** list.

2. Click the left arrow to move the item to the **Unselected Items** list.

3. Click **OK**.

4. The column is hidden from the **Imbalance Locator** window.

====Colors====

Use the Colors window to set the colors for the header, grid line, and rows.

  * Click the **Colors** tab to open the **Colors** window.

==Set a color for the Imbalance Locator==

1. In the **Colors** window, double-click a color box.

2. The **Color Selector** window appears. Click a color, and then click **OK**.

3. In the **Colors** window, click **OK**.

4. The color is set.

====Font====

Use the Font window to set the overall font for the Imbalance Locator.

  * Click the **Font** tab to open the **Font** window.

==Set a font for the Imbalance Locator==

1. In the **Font** window, click **Set Font**.

2. The **Select Font** window appears.

3. Click the font, font style, size, effects, and writing system you want to set.

4. Click **OK**.

5. In the **Customization** window, click **OK**.

6. The font is set.

====GroupLink====

Use the GroupLink view to group the Imbalance Locator with other PPro8 tools.

  * Click the **GroupLink** tab to open the **GroupLink** view.

==Link the Imbalance Locator to a window group==

1. In the **GroupLink** view, select the check box for the **Link Window to Group Number** option, and then click or type the window group number.

2. Click **OK**.

3. The group link is set.